Edmonton Real Estate Update - June 2025

The Edmonton market held steady in June as we closed out the spring season. While sales and new listings slowed slightly from May, year-over-year activity remains strong, with more inventory and higher prices than this time last year. The market continues to offer solid opportunities for both buyers and sellers as we move into summer.

Sales Activity

There were 2,877 residential sales in June — down 2.8% from May, but up 1.2% from June 2024.
New listings totalled 4,215, a 10.9% drop from May, but still 15.8% higher than June 2024.
Inventory reached 6,768 active listings, rising 3.8% month-over-month and 15.0% year-over-year.

By Property Type

• Detached homes: Sales were up 2.6% year-over-year, though down 1.0% in price from May. New listings rose 16.3% year-over-year, and average days on market increased by 2 days.

• Semi-detached: Sales rose 5.6% from May, but fell 9.3% year-over-year. Prices held steady with a 4.1% increase over last year. New listings climbed 26.5% year-over-year.

• Row/townhouses: 415 units sold — down 13.7% from May, but up 2.5% from June 2024. Average price rose to $309,811, marking a 6.8% year-over-year gain. Homes took 3 days longer to sell on average.

• Apartments: A steady segment with sales down 1.9% month-over-month, but up 2.9% year-over-year. Prices rose 0.3% from May, and 1.4% compared to June 2024. New listings are up 10.4% year-over-year.

Home Prices

• Overall average price: $464,955 — a slight 0.1% monthly increase and 5.9% higher than June 2024

• Detached: Average price dipped 1.0% month-over-month, but rose 6.4% year-over-year

• Semi-detached: Prices held steady, up 4.1% from last year

• Row/townhouses: $309,811 — up 6.8% year-over-year

• Apartments: $213,400 (approx.) — up 0.3% from May and 1.4% from June 2024

MLS® Home Price Index

The MLS® HPI benchmark price in June was $439,700, up 0.1% from May, and 7.7% higher than this time last year.

Park Realty’s Take

June brought a slight cooling from May’s peak, but the market remains resilient overall. We’re still seeing strong year-over-year growth in sales, listings, and prices — especially in detached and row housing. Buyers have more options thanks to rising inventory, while sellers are still benefiting from solid pricing and relatively quick turnarounds.

As we head into the second half of the year, balanced conditions are creating opportunity on both sides of the market. Whether you’re considering buying, selling, or just curious about your home’s value — we’re here to help.